The Washington multi-member limited liability company operating agreement is constructed by the Washington business owners of an LLC as a rulebook for the structure and roster of the company. Washington business owners will have researched and decided upon topics like member contribution requirements, voting procedures, and meeting schedules by the time they form their company. Additionally, the LLC activities, purpose, and tax entity status it shall hold will also have been agreed upon by the members, along with a host of other descriptions regarding their company’s policies by the time their company’s articles are submitted.
Placing these topics in a single document gives each Washington LLC member a valuable opportunity to research what they have negotiated adequately then deliberately show their agreement with a notarized signature. Naturally, every Washington LLC member should keep their own copy while keeping the original in the company files.
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